1
Feb
Posted by Emvertex

On Wednesday,, January 23, 2019, traders speculated on the possibility of a ‘no deal’ Brexit waning as the sterling rose to a two month high against the dollar. The pound rose at 1.3079 against the dollar as noises from both Davos and Westminster suggested that a softer Brexit was possible. In London, Jeremy Corbyn, the leader of the Labour Party, held a meeting with backbenchers behind a plan to stop the United Kingdom leaving the European Union without an agreement.…

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30
Jan
Posted by Emvertex

Hong Kong stocks fell slightly in the first few minutes of Wednesday as nervous investors await the conclusion of a Federal Reserve policy meeting, while Chinese and US officials prepare for crucial trade talks. The Hang Seng Index edged down 0.29 per cent, or 79.15 points, to 27,452.53. The benchmark Shanghai Composite Index gave up 0.37 per cent, or 9.50 points, to 2,584.75 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, slipped 0.53 per cent, or…

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30
Jan
Posted by Emvertex

The size of the Irish economy could be 4.25% smaller than current projections over the medium term if there is a hard Brexit, according to an assessment by the Department of Finance. The department forecasts show that unemployment could rise by up to 2 percentage points in such a scenario. A small surplus projected for next year would also turn to a deficit if there’s a disorderly Brexit, the analysis finds. "The assessment by my Department shows that a disorderly…

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30
Jan
Posted by Emvertex

PRICES of completed private apartments and condominiums in Singapore edged up in December by 0.1 per cent from the previous month. This is the first month-on-month price rise for such properties since August 2018, following a revised 0.5 per cent drop in November. The figures are flash estimates released on Monday by the National University of Singapore (NUS) for its Singapore Residential Price Index (SRPI), which tracks prices of completed non-landed private homes. December's uptick was driven by a 0.2…

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28
Jan
Posted by Emvertex

Britain is experiencing extensive political modifications, passing the result of the general election, but brand-new patterns are shadowy, establishing listed below the surface area. It might be that Labour’s relative success– attained amidst positive forecasts by experts of wiping out defeat– originated from a last-minute turnabout by citizens, or just because pollsters greatly ignored the turnout of pro-Labour more youthful citizens. The significance of the outcome is not in doubt: an election contacted us to empower the Government at the…

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22
Jan
Posted by Emvertex

"While uncertainty over the global political and economic situation may continue to hold back the housing market, equity release will still be a sensible solution for many" 86% of advisers expect 2019 to be another record year for equity release, according to research from Canada Life, as figures from Key show that the market has doubled in size in just three years. Key's figures show that retired homeowners released £3.6 billion in new property wealth last year, but would reach…

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